The reigning National League Cy Young Award winner agreed to a two-year, $62 million deal with the San Francisco Giants on Monday, 10 days before his new team opens its regular season against his former one, the San Diego Padres. The deal includes an opt-out after the first season.
San Francisco released terms of the deal on Tuesday. Snell received a $17 million signing bonus and is set to make $15 million this season and $30 million next season, half of which will be deferred until 2027.
Snell’s deal — like those of fellow Scott Boras clients Cody Bellinger and Matt Chapman, both of whom signed after spring training began — gives him a higher average annual value in exchange for fewer length on his contract, but also allows him to reenter free agency with the hope of experiencing a more robust market next offseason.
Snell completes what has been a busy offseason for the Giants, who have made the playoffs only once in the past seven years and strived to acquire more star power for a team now led by three-time manager of the year Bob Melvin.
The Giants added a new center fielder and leadoff hitter in Korea’s Jung Hoo Lee, who signed a six-year, $113 million deal in December, and a new middle-of-the-order bat in Jorge Soler, who was given a three-year, $42 million deal in February. They also traded for former Cy Young Award winner Robbie Ray, who won’t return until the second half as he recovers from Tommy John surgery, and signed Jordan Hicks, who will convert to a full-time starting pitcher.
But their biggest moves came late, when they landed Chapman on March 1 with a three-year, $54 million deal that includes two opt-outs, 18 days before agreeing to bring in Snell.
Snell threw a four-inning simulated game from his hometown of Seattle on Friday. The Houston Astros, Los Angeles Angels and New York Yankees were among the teams most frequently linked to Snell, but ultimately the Giants’ short-term offer won out.
Snell is one of seven pitchers who have won the Cy Young Award in both the American League and National League, taking home the trophy in 2023 after going 14-9 with an MLB-best 2.25 ERA for San Diego. He received 28 of 30 first-place votes.
In 2018, Snell got 17 of 30 first-place votes after posting a 1.89 ERA in 31 starts for the Tampa Bay Rays to beat out Justin Verlander.
Snell has long been renowned for having some of the nastiest stuff of any left-hander in the game, with a vicious fastball-breaking ball combination. When the Rays made him available for trade following the 2020 World Series, San Diego jumped at the opportunity, swapping four players for the lefty. He allowed the fewest hits per nine innings (5.8) of any pitcher who qualified for the ERA title last season, surrendering just 115 hits over his 180 innings.
Some teams, however, were concerned about bidding big on him in free agency because of his past command issues and inconsistency. The year after he won his first Cy Young Award, Snell’s ERA ballooned to 4.29. Last season, Snell led the major leagues in walks with 99.
Oklahoma starting quarterback John Mateer, after screenshots of past references to “sports gambling” on his Venmo account surfaced online Monday, denied ever being involved with gambling, saying Tuesday it was instead “inside jokes” with his friends.
School officials became aware of the screenshots late Monday night and are looking into the situation, a source told ESPN’s Pete Thamel.
“The allegations that I once participated in sports gambling are false,” Mateer posted to X on Tuesday. “My previous Venmo descriptions did not accurately portray the transactions in question but were instead inside jokes between me and my friends.
“I have never bet on sports. I understand the seriousness of the matter but recognize that, taken out of context, those Venmo descriptions suggest otherwise. I can assure my teammates, coaches, and officials at the NCAA that I have not engaged in any sports gambling.”
Screenshots posted online Monday night showed Mateer allegedly twice included “sports gambling” in memos for transactions on Nov. 20, 2022, while he was a freshman at Washington State. Both transactions were allegedly made to a Venmo account for Richard Roaten, believed to be a teammate at Washington State at the time.
College athletes are prohibited from betting on any sport offered by the NCAA, with penalties up to loss of eligibility.
OU Athletics issued a statement saying it “takes any allegations of gambling seriously and works closely with the NCAA in any situation of concern.” The school said its “unaware of any NCAA investigation and has no reason to believe there is one pending.”
Mateer, the No. 1 overall player in ESPN’s portal rankings, transferred to Oklahoma from Washington State this offseason. He passed for 3,139 yards and 29 touchdowns last season, his third with the Cougars.
Eli Lederman covers college football and recruiting for ESPN.com. He joined ESPN in 2024 after covering the University of Oklahoma for Sellout Crowd and the Tulsa World.
Oklahoma secured its most significant commitment yet in the 2026 recruiting cycle on Tuesday when defensive end Jake Kreul, No. 22 in the 2026 ESPN 300, announced his pledge to the Sooners on “The Pat McAfee Show.”
Kreul, a 6-foot-3, 235-pound edge rusher from Florida’s IMG Academy, entered August as the lone remaining uncommitted among the 23 five-star prospects in ESPN’s prospect rankings for the 2026 cycle. He chose Oklahoma over Ole Miss and Texas following a slate of official visits this spring that included trips to all three finalists as well as Colorado, Florida and Ohio State.
Kreul lands with the Sooners as the 16th overall pledge and only the third ESPN 300 commit in Oklahoma coach Brent Venables’ 2026 recruiting class following the program’s 6-7 finish to the 2024 season. Kreul now stands as the top-ranked member of Venables’ latest class alongside fellow top-300 pledges in No. 5 dual-threat quarterback Bowe Bentley (No. 168 overall) and wide receiver Daniel Odom (No. 258). If Kreul ultimately signs later this year, it will represent Oklahoma’s fourth consecutive cycle with at least one five-star addition dating to the 2023 class.
Kruel took part in the 2025 Under Armour All-America Game earlier this year and will enter his senior season at IMG Academy this fall. One of the most polished defensive prospects in the 2026 class, he closed his junior campaign in 2025 with 39 tackles, 11 hurries and 6 sacks.
Oklahoma joined the likes of Florida and Ole Miss among the first major programs to prominently enter the mix for Kreul’s commitment nearly two years ago. Kreul told ESPN last month that his relationships with Sooners defensive line assistants Todd Bates and Miguel Chavis, along with Venables’ background of nearly two decades as a defensive coordinator were driving factors in his heavy interest in Oklahoma.
“The opportunity to play for a defensive-minded head coach and one of the best minds in the sport in coach Venables is something you may not get at every school,” Kreul said. “That piece is something that’s been very present for me throughout in terms of building my relationship with Oklahoma.”
Kreul now stands as the seventh defender bound for Oklahoma in 2026 and a cornerstone member of the Sooners’ latest class. Along the defensive line, Oklahoma also holds pledges from three-star defensive tackle Brian Harris and defensive ends Matthew Nelson and Daniel Norman.
EUGENE, Ore. — Oregon wide receiver Jurrion Dickey has been suspended indefinitely, coach Dan Lanning announced Tuesday.
Dickey, a former five-star recruit, has played in 15 games in two years with the Ducks but has had only two catches for 14 yards.
Lanning did not specify the reason for Dickey’s suspension but said the team has two team rules: “Be respectful, be on time.”
“There’s some pieces of that where I felt like he needed a break from us and we needed a break from that so we could focus on what’s in front of us right now,” Lanning said. “Wishing him nothing but the best, as far as success, and want to see him get back to where he can be a contributor somewhere. That might be here. That might be somewhere else.”
The Ducks were ranked No. 7 in the preseason AP Top 25 poll. The team was already thin at wide receiver with the loss of Evan Stewart, the Ducks’ top returner who injured his knee in the offseason and could miss the season.